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Early education and childcare

Local funding formula

Early Years Funding Rates

The rates for April 2024 onwards were agreed on 29 January 2024 by the Council's Cabinet.

The new rates from April 2024 are available here.

Budget

The Local Authority is required by legislation to issue all providers with an indicative budget at the beginning of the financial year. [Statutory Guidance - A4.2]

The budget should broadly reflect the anticipated total number of hours that will be claimed. It is also a requirement to adjust budgets to reflect actuals within the financial year.

In Norfolk, we have provided a calculator for providers to determine their indicative budget for 2024-25 Early Education funding.

Indicative budget calculator (Excel doc, 23 KB).

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